USALI 12 What will be changed?

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Hospitality Financial and Technology Professionals (HFTP®) and the Global Finance Committee (GFC) are preparing new 12th Revised version of the Uniform System of Accounts for the Lodging Industry (USALI). New version is expected at the end of 2022. The main change in the system is a new part titled: “Energy, Water, and Waste.”

“This is the first of many steps as environmental, social and governance objectives and measures will continue to change with the needs of our planet,” said GFC Communications Subcommittee Chair Ralph Miller. “The Global Finance Committee will proceed to work with international industry stakeholders to update reporting requirements as sustainability requirements change.”

HFTP and  AHLA Sustainability Committee evaluated and enhances the Utilities-Schedule 9 in the USALI 11th version to turn into the brand new Energy, Water, and Waste (EWW) of the USALI 12th version. In 12th version we expect to have a new Schedule 9 and new EWW metrics part to align with present business metrics. The new metrics present improved monitoring and benchmarking of EWW cost and usage. Significant modifications from the 11th edition of USALI are reclassifying waste expenses from the Property Operations and Maintenance Schedule to the Energy, Water, and Waste (EWW) Schedule while also increasing Energy and Water with extra detailed accounts, descriptions and metrics.

In addition, the EWW-Schedule 9 focuses on the guidance to assist both large and small lodging properties to evaluate efficiency performance.

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